Articles Posted in Securities Litigation

Securities and Exchange Commission Sues Texas Oil and Gas Promoters for Securities Fraud On June 28, 2013, the Commission charged Matthew Madison and Dwight McGhee, and their Irving, Texas based company Infinity Exploration, LLC, with conducting a fraudulent offering of oil and gas related investments. The Commission’s complaint alleges that, between March and October 2008,…

Florida Oil and Gas Private Placement Fraud and Misrepresentation Attorney, Russell L. Forkey, Esq. Securities and Exchange Commission v. Bret Boteler, Civil Action No. 4:13-cv-00527-Y (N.D.TX., filed June 28, 2013) SEC Charges Oil and Gas Promoter with Securities Fraud The Securities and Exchange Commission recently filed a civil injunctive action charging Bret L. Boteler of…

South Florida Corporate and Municipal Bond FINRA Arbitration and Litigation Attorney. Various Risks Associated With Corporate Bond: There are a number of risks associated with corporate bonds. The following list is not designed to be complete. However, this post does describe many of the more well known. Please keep in mind that this post is…

The Relationship Between Corporate and Municipal Bond Prices, Interest Rates and Yield. South Florida FINRA Arbitration and Litigation Attorney. The price of a bond moves in the opposite direction than market interest rates. When interest rates go up, the price of the bond goes down. When interest rates go down, the bond’s price goes up.…

Secured vs. Unsecured Corporate and Municipal Bonds – What happens if a company goes into bankruptcy? South Florida FINRA Arbitration and Litigation Attorney – You may be able to recover your investment losses. If a company defaults on its bonds and goes bankrupt, bondholders will have a claim on the company’s assets and cash flows.…

Basic characteristics of corporate and municipal bonds – South Florida FINRA Arbitration and Litigation Attorney – As an investor, you may be able to recover losses associated with your investment in corporate bonds. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the largest securities market in…

Florida Corporate Bond Litigation and FINRA Arbitration Attorney: As an Investor, you may be able to recover your losses relating to investments in corporate bonds but first it is important to understand what a corporate bond is. This is especially true in an economic environment of rising interest rates. A bond is a debt obligation,…

Florida Accounting Fraud and Accounting Negligence Litigation Attorney: Court Enters Final Judgments against JBI, Inc. and Former Officer in Accounting Fraud Case The Securities and Exchange Commission announced that a Massachusetts federal court entered final judgments by consent on June 26, 2013 and March 20, 2013, respectively, against John W. Bordynuik (“Bordynuik”) and JBI, Inc.…

SEC Charges San Diego-Based Promoter in Penny Stock Scheme The Securities and Exchange Commission recently charged a penny stock promoter in the San Diego area for fraudulently arranging the purchase of $2.5 million worth of shares in a penny stock company in an attempt to generate the false appearance of market interest and induce other…

Hedge Fund Manager James Fry, Previously Sued by the SEC for Fraud, Found Guilty of Securities Fraud, Wire Fraud, and Making False Statements to the SEC The Securities and Exchange Commission recently announced that on June 12, 2013 a jury found Minneapolis-area hedge fund manager James Fry guilty of five counts of securities fraud, four…